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Hampf, Franziska; Wiederhold, Simon; Woessmann, Ludger – Large-scale Assessments in Education, 2017
Ample evidence indicates that a person's human capital is important for success on the labor market in terms of both wages and employment prospects. However, unlike the efforts to identify the impact of school attainment on labor-market outcomes, the literature on returns to cognitive skills has not yet provided convincing evidence that the…
Descriptors: Outcomes of Education, Human Capital, Labor Market, Income